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Sandoz Group Logs Lower H1 Net Income; Revenue Rises

MT Newswires·08/05/2026 01:13:23
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01:13 AM EDT, 08/05/2026 (MT Newswires) -- Sandoz Group (SDZ.SW) said Wednesday that attributable net income for the first half decreased, while revenue increased year over year. Net income attributable to shareholders for the six months ended June 30 was $109 million, compared with $377 million earlier. EPS moved to $0.25 from $0.87. The Swiss drugmaker's net sales were $5.76 billion, compared with $5.23 billion a year ago. The company affirmed its guidance for full-year 2026, including net sales growth in the mid-to-high single-digit percentage in constant currency.